1414 S Logan Ave Independence, MO 64055
Hanthorn NeighborhoodEstimated payment $3,439/month
Highlights
- Deck
- 10 Car Detached Garage
- Central Air
- No HOA
About This Home
Outstanding set of five cash-flowing single-family homes in Independence, MO—an excellent opportunity to expand your portfolio or dive into real estate investing with a strong, income-producing package. The homes include two 2-bedrooms, two 3-bedrooms, and one 1-bedroom, all located in quiet neighborhoods with large yards. Each property has been updated over time with renovations and improvements, and all are currently well-occupied with dependable tenants. Rents are under market by $100–$200+ per house offering immediate upside potential. Tenants pay nearly all utilities and services, keeping owner responsibilities low (see Rent Roll in supplements). Gross monthly income is nearly $5,000 with room to grow. Lenders are standing by with easy portfolio loan options to finance all five properties in one seamless transaction—buy and cash flow from day one or sell individually over time to maximize returns.
Listing Agent
Legendary Apartment Brokers Brokerage Phone: 816-591-0825 License #2019043249 Listed on: 05/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,859
Year Built
- Built in 1929
Home Design
- Composition Roof
Kitchen
- Free-Standing Electric Oven
- Dishwasher
Parking
- 10 Car Detached Garage
- Off-Street Parking
Utilities
- Central Air
- Heating System Uses Natural Gas
- Separate Meters
Additional Features
- 2-Story Property
- Deck
- 6,972 Sq Ft Lot
- Basement
Listing and Financial Details
- Assessor Parcel Number 26-540-15-27-00-0-00-000
- $0 special tax assessment
Community Details
Overview
- No Home Owners Association
- 5 Units
- Fairway Park Subdivision
Building Details
- Gross Income $59,364
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $927 | $13,378 | $2,508 | $10,870 |
2023 | $906 | $13,378 | $1,436 | $11,942 |
2022 | $688 | $9,310 | $1,817 | $7,493 |
2021 | $687 | $9,310 | $1,817 | $7,493 |
2020 | $708 | $9,318 | $1,817 | $7,501 |
2019 | $697 | $9,318 | $1,817 | $7,501 |
2018 | $635 | $8,109 | $1,581 | $6,528 |
2017 | $635 | $8,109 | $1,581 | $6,528 |
2016 | $625 | $7,906 | $1,761 | $6,145 |
2014 | $594 | $7,676 | $1,710 | $5,966 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/08/2025 07/08/25 | Pending | -- | -- | -- |
05/08/2025 05/08/25 | For Sale | $539,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | Stewart Title Company | |
Special Warranty Deed | -- | None Available | |
Trustee Deed | $53,173 | None Available | |
Warranty Deed | -- | First American Title | |
Warranty Deed | -- | First American Title | |
Deed | -- | Metro | |
Warranty Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $49,608 | FHA | |
Previous Owner | $40,050 | Purchase Money Mortgage |
Source: Heartland MLS
MLS Number: 2548543

APN: 26-540-15-27-00-0-00-000
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